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BESM: chapter 11:Strategy formulation

 Strategy Formulation Strategy formulation is the process of developing appropriate strategies to achieve the long-term goals and objectives of an organization. It involves analyzing the internal and external environment, identifying opportunities and threats, evaluating strengths and weaknesses, and selecting the most suitable course of action. In simple words, strategy formulation means deciding what an organization wants to achieve and how it will achieve its objectives. Example: A company may formulate a strategy to increase its market share by introducing new products, reducing costs, or entering new markets.   रणनीति निर्माण (Strategy Formulation) रणनीति निर्माण भनेको संस्थाको दीर्घकालीन लक्ष्य तथा उद्देश्यहरू प्राप्त गर्न उपयुक्त रणनीति तयार गर्ने प्रक्रिया हो। यस प्रक्रियामा संस्थाको आन्तरिक तथा बाह्य वातावरणको विश्लेषण गर्ने, संस्थाका सबल तथा कमजोर पक्षहरू र अवसर तथा चुनौतीहरू पहिचान गर्ने र उपयुक्त कार्यदिशा छनोट गर्ने कार्यहरू पर्दछन्। सरल भाषामा, संस्थाले के हासिल ...

BESM chapter :4 Economic environment

  Privatization – Meaning Privatization refers to the process of transferring the ownership, management, or control of government-owned enterprises, industries, or services to the private sector . It reduces the direct involvement of the government in business activities and increases the participation of private individuals, companies, and investors. In other words, privatization means shifting an enterprise or business activity from public ownership to private ownership or management . It may take place through the sale of government-owned enterprises, sale of government shares, leasing, or private management contracts. The main idea behind privatization is to allow private-sector organizations to operate businesses with greater efficiency, competition, productivity, and commercial orientation . It is commonly adopted to reduce the financial burden on the government, improve the performance of public enterprises, attract private investment, and improve the quality of goods an...